Seventy one thousand and four hundred people have lost there jobs so far this week, and its only Monday…

“At least six companies from manufacturing and service industries announced cost-cutting initiatives that included slashing thousands of jobs. ” reports CNNmoney.com. Counting today, there have been over 200,000 people who have lost there job this year alone. Home Depot, the world’s largest home improvement retailer, will lay off over 7000 workers , that’s nearly 2% of their entire staff nation wide. Texas Instruments will be cutting 3,400 of their workforce and ING will be saying goodbye to 7,000 of their employees due to a 1.3 billion dollar deficit. This seems to be the shaky start to 2009.